Discussion sPhantom Auto Trader

There are hundreds of website which are registered by those information. The information you provided belongs to the domain registry service and not our group.

As with EA FxHelm. Vendor: It's not the same EA. Finally he confessed.

https://www.myfxbook.com/community/trading-systems/fxhelm-expert-advisor/530882,2#?pt=2&p=1&o=530882

PS: sPhantom is not EA only copier signal!!! (as fxhelm and fxpapa)

Stop spamming the board. It's a big lie and you are responsible for what you post.

Apart from every other consideration, what I see browsing the few trades visible brings me a question on 'trade dynamics'.

Let me try to explain.

When the system catches the trend he takes 10 pips = +3% and closes.

When ìt's wrong at first he tries a second trade (in the same direction) to average a lower profit, like 5 pips more or less

So all is VERY good if it's right at first or at the second try.

But I see stop loss is 250 pips which would mean a loss around 75% of total equity.

I'm curious to know from developer (or see in live account) what happens if it misses try 1 and 2. Which is an eventuality I don't feel like ignoring... not everyday is Christmas.

Probably the loss will be cut before stop loss but I would like to hear from developer.

Forgive me if my description above is too 'sketchy' and feel free to refine it.

Thanks

ler0y_br0wn posted:
Apart from every other consideration, what I see browsing the few trades visible brings me a question on 'trade dynamics'.

Let me try to explain.

When the system catches the trend he takes 10 pips = +3% and closes.

When ìt's wrong at first he tries a second trade (in the same direction) to average a lower profit, like 5 pips more or less

So all is VERY good if it's right at first or at the second try.

But I see stop loss is 250 pips which would mean a loss around 75% of total equity.

I'm curious to know from developer (or see in live account) what happens if it misses try 1 and 2. Which is an eventuality I don't feel like ignoring... not everyday is Christmas.

Probably the loss will be cut before stop loss but I would like to hear from developer.

Forgive me if my description above is too 'sketchy' and feel free to refine it.

Thanks

Dear Simone

Thanks for your question. This EA uses emergency stop loss. It's 250 pips from the first position. The EA may close both positions before SL point.

We are working on the EA to decrease SL level.

Regards

is it a signal copier or EA

gwilym posted:
is it a signal copier or EA

Hi

sPhantom is an Expert Advisor which receives the entry points from our server. This makes us sure all clients would have the same result as us.

Regards

sPhantom posted:

gwilym posted:
is it a signal copier or EA

Hi

sPhantom is an Expert Advisor which receives the entry points from our server. This makes us sure all clients would have the same result as us.

Regards

FxPapa discussion:

rv73 posted:
   FxPapa, I notice the instructions are to place the EA on a single H1 EURUSD chart.
I also just noticed it took a GBPUSD trade, so it is in fact a trade copier. Correct ?

Can you tell us what pairs it trades ? Any more than just EURUSD and GBPUSD ?

FxPapa posted:

Hi

The EA trades EURUSD and GBPUSD but as instruction says you should attach the EA only to EURUSD H1 chart.

The EA receives the signals from our server but mange them itself.

Regards

62 pages. Read carefully:

https://www.myfxbook.com/community/trading-systems/fxpapa-expert-advisor/211025,1#?pt=2&p=6&o=211025

Hi Jarora

Continue your good job and advertise your EAs. I'm sure everybody know what I mean. Your site 'bestforexea...'

You are a mendacious and I'm sure you won't have any success in this market.


Good Luck :)

sPhantom posted:
Hi Jarora

Continue your good job and advertise your EAs. I'm sure everybody know what I mean. Your site 'bestforexea...'

You are a mendacious and I'm sure you won't have any success in this market.

Good Luck :)

This page presents several vendors and their EAs. You were there too. Large loosing -250 pips and pages were removed.

Jarora posted:

sPhantom posted:

gwilym posted:
is it a signal copier or EA

Hi

sPhantom is an Expert Advisor which receives the entry points from our server. This makes us sure all clients would have the same result as us.

Regards

then it is as a matter of fact a signal copier

Another GRID strategy with pretty unfavorable R/R ratio. Unfortunately all of them end up with occasional HUGE drawdowns - sooner or later.

Just a few RECENT examples (the ones which have not been stopped; YET):

Kangaroo: https://www.myfxbook.com/members/TulipFX/kangaroo/68427
FxTest: https://www.myfxbook.com/members/fxcall/fxtest-eurusd-ea-real/577260

If you look at the above performances, you see the future of this one, too. So now you know...

sPhantom posted:
Dear Simone

Thanks for your question. This EA uses emergency stop loss. It's 250 pips from the first position. The EA may close both positions before SL point.

We are working on the EA to decrease SL level.

Regards

Thanks for reply but, very openly, I will stay at the window and see what happens for some time.

As it receives signals from a server it cannot be backtested thoroughly and the 'recovery form double miss' is foggy to me.

Simone

I purchased this EA , too. I followed almost every trade it made within the last 10 weeks. I let it run on a real account.

I still wonder about all this rumble here. I can see that this EA trades very good.

1. 47 trades in 10 weeks with only 6 loosing trades is not bad.

2. Almost triple up the balance from 100 to 293 USD in this short period is amazing.

3. The largest profit trade is higher than largest loss trade.

4. The average profit per trade is a little higher than the average loss.

5. And finally the profit factor of over 7 speaks for this EA.

When you are afraid of this risky stop-loss of 250 pips, then asked the sPhantom team kindly to provide you with a customized EA. I did so, and a day later I got a customized EA . After replacing this and restarting of my MT4 it seems to work well.

I can now adjust the stop-loss to to the level I want.

Very good and quick service.

I will keep you updated

Many Happy Trades

Jay

Hi,

I am waiting for response to my emails, I would like to see the latest reports for https://sphantom.com/sPhantom%20Results/StrategyTester.htm as its not up to 2013 August.

Thanks

Inequivalent posted:
Hi,

I am waiting for response to my emails, I would like to see the latest reports for https://sphantom.com/sPhantom%20Results/StrategyTester.htm as its not up to 2013 August.

Thanks

Hi

From 2013.05.21 we started our forward test. You can see the details using below link:

https://www.myfxbook.com/members/sPhantom/sphantom-auto-trader/585390

You can also see the back test result from 2012.01.01 to 2013.05.14 using below link:

https://sphantom.com/sPhantom%20Results/StrategyTester.htm

Because there is forward test since May then there is no need for back test from that period.


Regards
Benton
www.sPhantom.com

Oksenboel posted:
I purchased this EA , too. I followed almost every trade it made within the last 10 weeks. I let it run on a real account.

I still wonder about all this rumble here. I can see that this EA trades very good.

1. 47 trades in 10 weeks with only 6 loosing trades is not bad.

2. Almost triple up the balance from 100 to 293 USD in this short period is amazing.

3. The largest profit trade is higher than largest loss trade.

4. The average profit per trade is a little higher than the average loss.

5. And finally the profit factor of over 7 speaks for this EA.

When you are afraid of this risky stop-loss of 250 pips, then asked the sPhantom team kindly to provide you with a customized EA. I did so, and a day later I got a customized EA . After replacing this and restarting of my MT4 it seems to work well.

I can now adjust the stop-loss to to the level I want.

Very good and quick service.

I will keep you updated

Many Happy Trades

Jay

[What is the S/L you set after you receive your customized EA ?,anyway thanks for your info]

It would be nice to see the vendor put more than $100 in a real account. That is not much confidence when he is asking us to put $300 in his pocket for a copy of this EA with no refund offered.

robotchallenge posted:
It would be nice to see the vendor put more than $100 in a real account. That is not much confidence when he is asking us to put $300 in his pocket for a copy of this EA with no refund offered.

hehe,we should respect the EA researcher for their work. They must work month by month for a test version . And then they run real account test years by years for a EA republishing. Nobody can run the real test for hundreds years or forever for a sell start. So ,our wanting to win in market guys, Your buy is blindness always, or you buy it after hundreds years later.